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015-001 - Exporting Overview

For an SME embarking on exports to a foreign country is a very major task. This paper sets out some of the items which should be considered as part of the preparation for exporting. A business person should do as much research as possible into the overseas market before leaving Australia. You need ...Read more
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For an SME embarking on exports to a foreign country is a very major task. This paper sets out some of the items which should be considered as part of the preparation for exporting.

A business person should do as much research as possible into the overseas market before leaving Australia. You need to know the political stability of the country and background information on your potential buyer or buyers before you leave home. Exporting is not easy - otherwise everyone would be doing it, therefore you have to do your homework.

However exporting can be very profitable to businesses which have properly organised themselves and gone about it in the correct manner. Hundreds of Australian SMEs are very successfully exporting to countries all around the World.

The paper is presented over six pages, under the headings:

  • Preparation For Exporting
  • Austrade
  • Export Finance Insurance Corporation (EFIC)
  • Bank Involvement
  • Forwarding Agent/Documentation
  • Export Terms
  • Legal Issues
  • Risks
  • Doing Business In Overseas Countries
  • Exporting Knowledge
  • Currency
  • Letters Of Credit
  • Exporting Good Practice
  • Export Association/Discussion Group